Airbnb, Inc. $ABNB Shares Sold by Caerus Investment Advisors LLC

Caerus Investment Advisors LLC trimmed its position in Airbnb, Inc. (NASDAQ:ABNB) by 38.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,678 shares of the company’s stock after selling 4,218 shares during the quarter. Caerus Investment Advisors LLC’s holdings in Airbnb were worth $843,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Harris Associates L P grew its position in shares of Airbnb by 21.0% during the 4th quarter. Harris Associates L P now owns 18,694,408 shares of the company’s stock valued at $2,537,205,000 after buying an additional 3,240,477 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Airbnb by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 10,076,465 shares of the company’s stock worth $1,368,338,000 after acquiring an additional 47,966 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Airbnb by 58.4% in the fourth quarter. AQR Capital Management LLC now owns 6,762,784 shares of the company’s stock worth $917,845,000 after acquiring an additional 2,492,847 shares during the last quarter. Clearbridge Investments LLC lifted its holdings in Airbnb by 3.7% in the fourth quarter. Clearbridge Investments LLC now owns 6,073,947 shares of the company’s stock worth $824,356,000 after acquiring an additional 216,455 shares during the last quarter. Finally, Independent Franchise Partners LLP boosted its stake in Airbnb by 23.6% in the fourth quarter. Independent Franchise Partners LLP now owns 5,146,272 shares of the company’s stock valued at $698,452,000 after acquiring an additional 981,624 shares during the period. 80.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ABNB. Citizens Jmp upped their target price on Airbnb from $160.00 to $170.00 and gave the company a “market outperform” rating in a report on Friday, May 8th. UBS Group raised their price target on Airbnb from $157.00 to $163.00 and gave the stock a “neutral” rating in a report on Thursday. Oppenheimer upgraded Airbnb from a “market perform” rating to an “outperform” rating and set a $180.00 price objective for the company in a research report on Monday, May 4th. Weiss Ratings upgraded Airbnb from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, May 12th. Finally, The Goldman Sachs Group set a $170.00 target price on Airbnb in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $160.65.

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb’s upcoming earnings report is expected to show continued earnings growth, with analysts looking for a potential beat based on improving revenue trends and expectations. The company’s previous quarter delivered revenue above estimates and 17.9% year-over-year growth, although EPS fell short. Airbnb Earnings Expected to Grow
• Positive Sentiment: Recent commentary points to continued long-term growth potential from Airbnb’s global marketplace, expanded travel offerings and the possibility of another major growth cycle. The stock’s position above key moving averages also indicates sustained momentum. Airbnb Momentum Opens a Bigger Debate
• Neutral Sentiment: UBS raised its price target for ABNB to $163 from $157 while maintaining a Neutral rating. The higher target acknowledges some upside, but the unchanged rating signals that the firm still sees balanced risk and reward at current valuation levels. UBS Raises Airbnb Price Target
• Negative Sentiment: Morgan Stanley maintained its Sell/Underweight view, raising its price target only modestly to $125 from $120. The target remains well below recent trading levels, highlighting concerns that Airbnb’s premium valuation may not be supported by near-term growth. Morgan Stanley Maintains Sell Rating
• Negative Sentiment: Director Joseph Gebbia sold approximately 2.1 million shares for about $315.9 million across July 27 and 28, liquidating his indirect Class A holdings. The unusually large sale, following additional recent insider transactions, could weigh on investor sentiment even though it does not necessarily indicate deteriorating fundamentals. Joseph Gebbia Sells Airbnb Shares
• Negative Sentiment: Airbnb trades at a richer valuation than Booking Holdings, while regulatory risks affecting short-term rentals remain an overhang. Investors may therefore demand stronger earnings and guidance to justify the premium multiple. Airbnb Versus Booking

Insiders Place Their Bets

In related news, Director Joseph Gebbia sold 265,000 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $145.70, for a total value of $38,610,500.00. Following the sale, the director directly owned 1,828,518 shares in the company, valued at $266,415,072.60. This trade represents a 12.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Nathan Blecharczyk sold 13,615 shares of Airbnb stock in a transaction on Monday, July 20th. The shares were sold at an average price of $145.43, for a total value of $1,980,029.45. Following the sale, the insider directly owned 12,370 shares in the company, valued at $1,798,969.10. The trade was a 52.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,510,479 shares of company stock valued at $349,064,808 in the last quarter. 27.21% of the stock is owned by insiders.

Airbnb Price Performance

NASDAQ ABNB opened at $151.52 on Friday. The company has a 50-day moving average price of $141.62 and a two-hundred day moving average price of $135.10. Airbnb, Inc. has a 52 week low of $110.81 and a 52 week high of $156.50. The stock has a market cap of $91.32 billion, a price-to-earnings ratio of 37.32, a price-to-earnings-growth ratio of 1.62 and a beta of 1.14. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.32.

Airbnb (NASDAQ:ABNB) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.05). The business had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.62 billion. Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The business’s quarterly revenue was up 17.9% on a year-over-year basis. During the same period last year, the firm posted $0.24 EPS. Analysts forecast that Airbnb, Inc. will post 4.93 EPS for the current year.

About Airbnb

Airbnb, Inc (NASDAQ: ABNB) operates a global online marketplace that connects travelers with hosts offering short-term lodging, unique accommodations and related travel experiences. The company’s core platform enables individuals and professional property managers to list private homes, apartments, single rooms and entire properties, while providing search, booking and payment processing for guests. Airbnb earns revenue primarily through service fees charged to guests and hosts and offers tools to facilitate reservations, communications, and logistics between parties.

Beyond accommodations, Airbnb has expanded its product portfolio to include curated experiences led by local hosts, higher-end offerings such as Airbnb Luxe, and programs aimed at enhancing quality and safety like Airbnb Plus.